REGISTERED NUMBER: 05240474 (England and Wales)

SHT LIMITED

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Bendall

SECRETARY:

I D Quinn

REGISTERED OFFICE:

Unit H Austin Way

Hamstead Industrial Estate

Birmingham

West Midlands

B42 1DF

REGISTERED NUMBER:

05240474 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

208,704

231,230

CURRENT ASSETS

Stocks

195,291

141,268

Debtors

5

378,534

405,135

Cash at bank

27,652

27,385

601,477

573,788

CREDITORS

Amounts falling due within one year

6

424,832

394,041

NET CURRENT ASSETS

176,645

179,747

TOTAL ASSETS LESS CURRENT LIABILITIES

385,349

410,977

CREDITORS

Amounts falling due after more than one year

7

(3,119

)

(24,514

)

PROVISIONS FOR LIABILITIES

(28,936

)

(30,670

)

NET ASSETS

353,294

355,793

CAPITAL AND RESERVES

Called up share capital

141,000

141,000

Capital redemption reserve

428

428

Retained earnings

211,866

214,365

SHAREHOLDERS' FUNDS

353,294

355,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2026 and were signed by:

P Bendall - Director

1.	STATUTORY INFORMATION

SHT Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Sale of goods

Turnover from the sale of goods is recognised at the point of sale, when the delivery note is raised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

5% on cost

Plant and machinery

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

55,977

671,656

30,990

20,084

778,707

Additions

589

12,046

-

554

13,189

At 31 October 2025

56,566

683,702

30,990

20,638

791,896

DEPRECIATION

At 1 November 2024

15,684

510,669

4,935

16,189

547,477

Charge for year

2,818

22,040

7,748

3,109

35,715

At 31 October 2025

18,502

532,709

12,683

19,298

583,192

NET BOOK VALUE

At 31 October 2025

38,064

150,993

18,307

1,340

208,704

At 31 October 2024

40,293

160,987

26,055

3,895

231,230

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

266,470

284,814

Other debtors

112,064

120,321

378,534

405,135

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,334

41,000

Hire purchase contracts

3,120

3,120

Trade creditors

215,974

197,486

Taxation and social security

34,517

30,200

Other creditors

161,887

122,235

424,832

394,041

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

18,275

Hire purchase contracts

3,119

6,239

3,119

24,514

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

9,334

59,275

Factoring liability

108,139

45,727

117,473

105,002

The factoring liability is secured by a fixed and floating charge over the assets of the company. The factoring liability is further secured by a £25,000 personal guarantee given by the director Mr P Bendall.

The National Westminster Bank loan is secured by a fixed and floating charge over the assets of the company.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

P Bendall

Balance outstanding at start of year

-

20,100

Amounts repaid

-

(20,100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed by Blocked Site Limited £12,994 (2024: £12,994) a company of which the director P Bendall, is the controlling shareholder.

At the balance sheet date the company was owed by SHT Engine Cooling Limited £38,085 (2024: £38,085) a company of which the director P Bendall, is the controlling shareholder.